The United States Postal Service is one of those things we use every single day, but we rarely give it much thought, taking for granted that we will receive our daily mail and be able to send letters, cards and packages for a (mostly) reasonable price. Many of us receive life-saving medications by mail, we order necessities or even food, we receive our bills by mail. But today, the fool on the hill is threatening to allow the USPS to go broke, in part because he fears what will happen in November if we can all cast our vote by mail. Our friend TokyoSand has written an excellent post summarizing the situation and with a few suggestions for what we can do to help … please read!
Is the U.S. Post Office, enshrined in the Constitution, really about to go bust?
The Post Office is in financial dire straits, yes. It is also true that they’ve been under tremendous financial strain before and received help from Congress. So what’s happening now? Let’s go through a quick rundown.
Why is the Post Office in trouble?
The Post Office is in trouble because the coronavirus has sharply curtailed how much mail is being sent by businesses. Late last week Postmaster General Megan Brennan informed Congress of the dire situation. Rep. Gerry Connolly (D-VA), the chairman of the subcommittee that oversees the Post Office said this after their briefing, “[T]he pandemic has completely changed the environment here. The mail volume drop is catastrophic.” Just last week, the drop in mail volume was around 30%, and it is expected to get as high as 50% as the pandemic wears on.
View original post 778 more words